Nonprofit · EIN 85-0400026
ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY
Tax-exempt · ALBUQUERQUE, NM 87109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $698,654 | $742,910 | -$44,256 | $1,239,521 | $372,783 | $866,738 |
| September 30, 2024 | 990 | $757,250 | $639,699 | $117,551 | $1,060,195 | $149,201 | $910,994 |
| September 30, 2023 | 990 | $746,858 | $881,317 | -$134,459 | $953,424 | $159,981 | $793,443 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $234
- Program service revenue
- $530,402
- Investment income
- $168,018
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $169,856
- Other salaries and wages
- $219,300
- Salaries, compensation and benefits (total)
- $460,414
- Professional fundraising fees
- $0
- Accounting fees
- $103,703
- Occupancy
- $42,462
- Travel
- $7,140
- Depreciation
- $435
- Program services (functional)
- $503,677
- Management and general (functional)
- $239,233
Balance sheet and other
- Total assets, start of year
- $1,060,195
- Total assets, end of year
- $1,239,521
- Total liabilities, end of year
- $372,783
- Net assets, end of year
- $866,738
- Net assets without donor restrictions
- $866,738
- Gross receipts
- $698,654
- Employees
- 7
- Year formed
- 1988
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAYLING ARMIJO | EXECUTIVE DIRECTOR Officer | 40 | $141,615 | $15,736 |
| CHRIS CLEPPER | MEMBER Trustee or director | 1 | $0 | $0 |
| RANDY TRASK | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL ARMIJO | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN BROOKS | MEMBER Trustee or director | 1 | $0 | $0 |
| YURIRIA MORALES-MANGONE | MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN C SHETTLESWORTH | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JILL SWEENEY | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| MARCOS A GONZALES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAYLING ARMIJO | EXECUTIVE DI Officer | 40 | $148,986 | $14,952 |
| ALAN SHETTLESWORTH | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARCOS GONZALES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JILL SWEENEY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RANDY TRASK | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN BROOKS | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS CLEPPER | MEMBER Trustee or director | 1 | $0 | $0 |
| YURIRIA MORALES | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL ARMIJO | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYLING ARMIJO | EXECUTIVE DI Officer | 40 | $126,923 |
| MICHAEL ARMIJO | MEMBER Trustee or director | 1 | $0 |
| JOHN BROOKS | MEMBER Trustee or director | 1 | $0 |
| CHRIS CLEPPER | MEMBER Trustee or director | 1 | $0 |
| MARCOS GONZALES | TREASURER Trustee or director, Officer | 2 | $0 |
| YURIRIA MORALES | MEMBER Trustee or director | 1 | $0 |
| ALAN SHETTLESWORTH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JILL SWEENEY | SECRETARY Trustee or director, Officer | 2 | $0 |
| RANDY TRASK | MEMBER Trustee or director | 1 | $0 |
| VICTOR VALTIERRA | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6500 JEFFERSON ST SE SUITE 200, ALBUQUERQUE, NM 87109-0000
- In care of
- % MAYLING ARMIJO
- Principal officer (990 for 2024)
- ALAN C SHETTLESWORTH, 6500 JEFFERSON ST NE STE 200, ALBUQUERQUE, NM 87109
- Signed the 990
- MAYLING ARMIJO, EXECUTIVE DIRECTOR
- Website
- WWW.ELCDC.COM
- Return prepared by
- TKM LLC
Mission
TO ASSIST IN THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS IN THE STATE OF NEW MEXICO
Program accomplishments
- SBA 504 LOAN PROGRAM - THE OBJECTIVE OF THE SBA 504 LOAN PROGRAM IS TO ACHIEVE COMMUNITY ECONOMIC DEVELOPMENT THROUGH JOB CREATION AND RETENTION BY PROVIDING LONG-TERM, LOW DOWN PAYMENT, REASONABLY PRICED, FIXED ASSETS FINANCING TO EXPAND SMALL AND MEDIUM SIZED BUSINESSES. ELCDC MARKETS SBA LOAN PROGRAMS, SCREENS PROJECTS FOR PROGRAM APPLICABILITY, PACKAGES LOAN PROPOSALS, WORKS WITH PRIVATE LENDERS TO SECURE COMMITMENTS, COORDINATES THE SALE OF SBA GUARANTEED DEBENTURES FOR 504 LOANS, AND SERVICES APPROVED 504 LOANS. ELCDC SERVICED LOANS WITH FUNDED AMOUNTS TOTALING APPROXIMATELY $120,000,000 AT SEPTEMBER 30, 2025, WITH MATURITIES RANGING FROM 2025 TO 2050. THE ORGANIZATION RECEIVES .625%, PER ANNUM, OF PRINCIPAL OUTSTANDING AS A LOAN-SERVICING FEE.Expenses $503,677
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 85-0400026
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S300)
- Assets (IRS master file)
- $1,239,521
- Income (IRS master file)
- $698,654
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $698,654 | $742,910 | $1,239,521 | XML |
| 990 | September 2024 | $757,250 | $639,699 | $1,060,195 | XML |
| 990 | September 2023 | $746,858 | $881,317 | $953,424 | XML |
| 990 | September 2022 | $993,953 | $901,458 | $1,050,394 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0400026).
Questions about ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY
- What is the EIN of ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY?
- The employer identification number (EIN) of ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY is 85-0400026.
- Is ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY?
- The 990 for the year ended September 30, 2025 names ALAN C SHETTLESWORTH.
- Who are the officers and directors of ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY?
- The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $141,615 (MAYLING ARMIJO, EXECUTIVE DIRECTOR).
- How much revenue does ELEVATED LANDING CERTIFIED DEVELOPMENT COMPANY have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $698,654, expenses of $742,910 and total assets of $1,239,521 at year end.
Other nonprofits in ALBUQUERQUE
- DREAMSPRING EIN 85-0417347 · last filed 990 for 2025
- ENLACE COMUNITARIO EIN 85-0473384 · last filed 990 for 2025
- PARTNERSHIP FOR COMMUNITY ACTION EIN 31-1815692 · last filed 990 for 2025
- NEW MEXICO COMMUNITY CAPITAL EIN 20-1798654 · last filed 990 for 2025
- NEW MEXICO MANUFACTURING EXTENSION PARTNERSHIP EIN 85-0469162 · last filed 990 for 2024
- DIRECTED ENERGY PROFESSIONAL SOCIETY EIN 85-0459954 · last filed 990 for 2024
- NATIVE WOMEN LEAD INC EIN 86-3663621 · last filed 990 for 2024
- ORGANIZERS IN THE LAND OF ENCHANTMENT EIN 27-1275724 · last filed 990 for 2024
All nonprofits in ALBUQUERQUE · New Mexico · Community improvement and capacity building